Hitachi, Ltd. (OTCMKTS:HTHIY) Short Interest Update

Hitachi, Ltd. (OTCMKTS:HTHIY) was the target of a large increase in short interest in February. As of February 15th, there was short interest totalling 354,400 shares, an increase of 109.2% from the January 31st total of 169,400 shares. Based on an average daily volume of 219,600 shares, the short-interest ratio is currently 1.6 days.

Hitachi Trading Down 1.9 %

Shares of OTCMKTS HTHIY opened at $25.16 on Monday. The company has a quick ratio of 0.81, a current ratio of 1.08 and a debt-to-equity ratio of 0.13. The business has a fifty day simple moving average of $46.88 and a two-hundred day simple moving average of $49.32. The firm has a market cap of $115.24 billion, a PE ratio of 7.69, a price-to-earnings-growth ratio of 3.43 and a beta of 0.80. Hitachi has a twelve month low of $16.18 and a twelve month high of $29.99.

Hitachi (OTCMKTS:HTHIY) last announced its earnings results on Friday, January 31st. The conglomerate reported $1.98 earnings per share for the quarter, topping the consensus estimate of $0.46 by $1.52. Hitachi had a return on equity of 9.65% and a net margin of 6.03%. Analysts expect that Hitachi will post 0.47 earnings per share for the current fiscal year.

Hitachi Company Profile

Hitachi, Ltd. provides digital system and services, green energy and mobility, and connective industry solutions in Japan and internationally. It operates through seven segments: Digital Systems & Services, Green Energy & Mobility, Connective Industries, Automotive System, Hitachi Construction Machinery, Hitachi Metals, and Others.